company background image
SLCA

U.S. Silica Holdings NYSE:SLCA Stock Report

Last Price

US$10.88

Market Cap

US$821.2m

7D

-9.4%

1Y

-13.1%

Updated

26 Jun, 2022

Data

Company Financials +
SLCA fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance0/6
Financial Health3/6
Dividends0/6

SLCA Stock Overview

U.S. Silica Holdings, Inc. produces and sells commercial silica in the United States.

Rewards

Trading at 32.4% below our estimate of its fair value

Earnings are forecast to grow 119.87% per year

Risk Analysis

No risks detected for SLCA from our risk checks.

U.S. Silica Holdings Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for U.S. Silica Holdings
Historical stock prices
Current Share PriceUS$10.88
52 Week HighUS$21.54
52 Week LowUS$7.23
Beta2.75
1 Month Change-38.88%
3 Month Change-39.56%
1 Year Change-13.10%
3 Year Change-14.93%
5 Year Change-69.34%
Change since IPO-32.00%

Recent News & Updates

May 26
Is U.S. Silica Holdings (NYSE:SLCA) A Risky Investment?

Is U.S. Silica Holdings (NYSE:SLCA) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

May 08

U.S. Silica Holdings: The Seagulls Are Circling Again

SLCA rebounded sharply in the general oil sector rally that began late last year. Recent softness in the mid-tier service sector is taking the stock toward an attractive entry point. Investors should put SLCA on their sticky note parking lot at the present price for further weakness. We rate SLCA a hold but think another leg down could make it a buy.

May 04
Estimating The Intrinsic Value Of U.S. Silica Holdings, Inc. (NYSE:SLCA)

Estimating The Intrinsic Value Of U.S. Silica Holdings, Inc. (NYSE:SLCA)

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of U.S. Silica Holdings...

Shareholder Returns

SLCAUS Energy ServicesUS Market
7D-9.4%-3.9%6.6%
1Y-13.1%6.6%-18.4%

Return vs Industry: SLCA underperformed the US Energy Services industry which returned 6.6% over the past year.

Return vs Market: SLCA exceeded the US Market which returned -18.4% over the past year.

Price Volatility

Is SLCA's price volatile compared to industry and market?
SLCA volatility
SLCA Average Weekly Movement9.6%
Energy Services Industry Average Movement9.1%
Market Average Movement8.1%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.2%

Stable Share Price: SLCA is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: SLCA's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20081,863Bryan Shinnhttps://www.ussilica.com

U.S. Silica Holdings, Inc. produces and sells commercial silica in the United States. It operates through two segments, Oil & Gas Proppants and Industrial & Specialty Products. The company offers whole grain commercial silica products to be used as fracturing sand in connection with oil and natural gas recovery, as well as sells its whole grain silica products in various size distributions, grain shapes, and chemical purity levels for the manufacturing of glass products.

U.S. Silica Holdings Fundamentals Summary

How do U.S. Silica Holdings's earnings and revenue compare to its market cap?
SLCA fundamental statistics
Market CapUS$821.19m
Earnings (TTM)-US$21.38m
Revenue (TTM)US$1.17b

0.7x

P/S Ratio

-38.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SLCA income statement (TTM)
RevenueUS$1.17b
Cost of RevenueUS$844.86m
Gross ProfitUS$329.49m
Other ExpensesUS$350.86m
Earnings-US$21.38m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.28
Gross Margin28.06%
Net Profit Margin-1.82%
Debt/Equity Ratio197.1%

How did SLCA perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is SLCA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SLCA?

Other financial metrics that can be useful for relative valuation.

SLCA key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.6x
Enterprise Value/EBITDA9.4x
PEG Ration/a

Price to Sales Ratio vs Peers

How does SLCA's PS Ratio compare to its peers?

SLCA PS Ratio vs Peers
The above table shows the PS ratio for SLCA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1.9x

Price-To-Sales vs Peers: SLCA is good value based on its Price-To-Sales Ratio (0.7x) compared to the peer average (1.9x).


Price to Earnings Ratio vs Industry

How does SLCA's PE Ratio compare vs other companies in the US Energy Services Industry?

Price-To-Sales vs Industry: SLCA is good value based on its Price-To-Sales Ratio (0.7x) compared to the US Energy Services industry average (1x)


Price to Sales Ratio vs Fair Ratio

What is SLCA's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SLCA PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.7x
Fair PS Ratio0.9x

Price-To-Sales vs Fair Ratio: SLCA is good value based on its Price-To-Sales Ratio (0.7x) compared to the estimated Fair Price-To-Sales Ratio (0.9x).


Share Price vs Fair Value

What is the Fair Price of SLCA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SLCA ($10.88) is trading below our estimate of fair value ($16.1)

Significantly Below Fair Value: SLCA is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SLCA's PEG Ratio to determine if it is good value.


Discover undervalued companies

Future Growth

How is U.S. Silica Holdings forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


119.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SLCA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: SLCA is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: SLCA is expected to become profitable in the next 3 years.

Revenue vs Market: SLCA's revenue (10% per year) is forecast to grow faster than the US market (8.4% per year).

High Growth Revenue: SLCA's revenue (10% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SLCA's Return on Equity is forecast to be low in 3 years time (13.8%).


Discover growth companies

Past Performance

How has U.S. Silica Holdings performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-24.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SLCA is currently unprofitable.

Growing Profit Margin: SLCA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SLCA is unprofitable, and losses have increased over the past 5 years at a rate of 24.7% per year.

Accelerating Growth: Unable to compare SLCA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SLCA is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-1.8%).


Return on Equity

High ROE: SLCA has a negative Return on Equity (-3.59%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is U.S. Silica Holdings's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: SLCA's short term assets ($576.9M) exceed its short term liabilities ($203.9M).

Long Term Liabilities: SLCA's short term assets ($576.9M) do not cover its long term liabilities ($1.4B).


Debt to Equity History and Analysis

Debt Level: SLCA's net debt to equity ratio (157.8%) is considered high.

Reducing Debt: SLCA's debt to equity ratio has increased from 40.2% to 197.1% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable SLCA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: SLCA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 44.5% per year.


Discover healthy companies

Dividend

What is U.S. Silica Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate SLCA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SLCA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SLCA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SLCA's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: SLCA is not paying a notable dividend for the US market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as SLCA has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

7.2yrs

Average management tenure


CEO

Bryan Shinn (59 yo)

10.42yrs

Tenure

US$5,966,323

Compensation

Mr. Bryan A. Shinn has been the Chief Executive Officer at U.S. Silica Holdings, Inc. since January 10, 2012 and served as its President since March 2, 2011 until January 2020. Mr. Shinn serves as the Chie...


CEO Compensation Analysis

Compensation vs Market: Bryan's total compensation ($USD5.97M) is above average for companies of similar size in the US market ($USD4.02M).

Compensation vs Earnings: Bryan's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: SLCA's management team is seasoned and experienced (7.2 years average tenure).


Board Members

Experienced Board: SLCA's board of directors are seasoned and experienced ( 10.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

U.S. Silica Holdings, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: U.S. Silica Holdings, Inc.
  • Ticker: SLCA
  • Exchange: NYSE
  • Founded: 2008
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Implied Market Cap: US$821.193m
  • Shares outstanding: 75.48m
  • Website: https://www.ussilica.com

Number of Employees


Location

  • U.S. Silica Holdings, Inc.
  • 24275 Katy Freeway
  • Suite 600
  • Katy
  • Texas
  • 77494
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.